Bankinter adheres to the Equator Principles initiative
Madrid, 12 December 2016
Bankinter has adhered to the Equator Principles, an international, baseline initiative within the financial sector to assess and manage environmental and social risks in projects that require financing.
These voluntary guidelines apply to project finance transactions for 10 million dollars or more, and to corporate loans for projects costing over 100 million dollars.
Several financial institutions were the driving force behind these principles in a coordinated effort with the International Finance Corporation, a World Bank agency.As of today, 85 financial sector companies worldwide have signed and adopted them.
In adhering to these principles, Bankinter undertakes to report each year on its processes to implement and monitor them in its annual report and on its corporate website.
This initiative falls within the bank's "3 en Raya" (in English,'Three-in-a-Row') sustainability plan, which aims to align business with the management of financial, social and environmental issues.